Galleria On The Park | 143.86m | 42s | ELAD Canada | Hariri Pontarini

iDANIEL

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Maybe they got an offer ($$$) they couldn't refuse.
Totally, but its like everyone is avoiding the topic or why it happened. Buyouts happen all the time, but this one just seems weird to me because all the marketing talked about both developers being apart of this site and then it just stopped and everyone is acting like nothing happened.
 

interchange42

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Totally, but its like everyone is avoiding the topic or why it happened. Buyouts happen all the time, but this one just seems weird to me because all the marketing talked about both developers being apart of this site and then it just stopped and everyone is acting like nothing happened.
Both are private companies. If they don't care to share details of why they ended their partnership here, what's the point in speculating why it happened? There could be any number of reasons. Without knowing why it happened, we note that it did, and now have to wait to see how the redevelopment plays out.

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AlbertC

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Construction technically isn't underway yet. The work being done right now is still restructuring of the current Galleria retail spaces, primarily relocating the Planet Fitness gym towards the central core of the mall. Which will allow for the western most portion to be demolished first. Substantial construction towards Phase 1 is expected to begin for next year based on discussions from the sales office.
 

AlbertC

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Progress of the restructuring work:

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Scotian

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Any idea why they couldn't have negotiated with the city to get rid of the northward jog Dupont does west of Dufferin and line it up on both sides? That would've freed up a lot of land to the north of Dupont for further development. Seems like a waste as it's too narrow between Dupont and the rail tracks to really do much with.
 

Towered

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Agreed, seems like a no-brainer. Without shifting the jog, that rather dreary strip of narrow buildings on the north side of Dupont have virtually no hope of ever being redeveloped.
 

mrxbombastic

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Agreed, seems like a no-brainer. Without shifting the jog, that rather dreary strip of narrow buildings on the north side of Dupont have virtually no hope of ever being redeveloped.
Maybe that's ok? Great strip of land for a Dufferin Crosstown GO Station am I right?;)

The buildings there now house a variety of uses and they offer interesting possibilities for adaptive re-use in the future. As the area develops further, I expect we will see the garage businesses end and some other uses move in and because they are constrained, the land prices wont be exorbitant. If I was an Arts collective pooling resources I would scoop these up for workshop spaces + Micro brewery. Pretty sure that the community would support something like that.
 

AlbertC

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The transition from what used to be primarily auto garages to newer forms of employment and retail has already begun. Hunt & Gather, a boutique flower shop that specializes in wedding and everyday arrangements, has moved from Bloor West to their new location at 1232 Dupont, which is right along that stretch west of Dufferin and across from the Galleria.
 

interchange42

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Any idea why they couldn't have negotiated with the city to get rid of the northward jog Dupont does west of Dufferin and line it up on both sides? That would've freed up a lot of land to the north of Dupont for further development. Seems like a waste as it's too narrow between Dupont and the rail tracks to really do much with.
Agreed, seems like a no-brainer. Without shifting the jog, that rather dreary strip of narrow buildings on the north side of Dupont have virtually no hope of ever being redeveloped.
This was tackled much earlier in the thread, but…

As ELAD doesn't own anything on the north side, and as they would have to provide access to the existing lots on the north side, why would they want to spend what it takes to create access to north side lots?
So then, why not buy those lots? Redeveloping them, now that there's a 30m separation distance required between rails and homes, would heavily restrict any gains from buying those narrow lots, possibly eliminating them all together. Besides, with the Galleria lot ELAD has, and keeping Dupont where it is, they have more land to create their own community within. Why would they split that up? They're putting in pedestrian-only shopping streets, trying to create a destination, and that requires a certain mass. Clipping off the north end of their lot would require them to split off most if not all of their commercial to the north side of Dupont (less separation required from rails - is it only 20m for commercial? can't recall exactly)… and end up with a major street bisecting what would be otherwise far easier to stroll.

There's basically no upside for ELAD that would cause them to push for a straightening of Dupont.

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